NVIDIA (NVDA)

$109.10 1.05 (0.96%)
20:00 EDT NVDA Stock Quote Delayed 30 Minutes

My “Two-Step” Plan for Surviving Shaky Markets – and Coming Out Ahead

Folks, this is a good time to remind you that Wall Street is a manic crowd – and crowds tend to “react” first and “think” later. So, today, let’s first do a quick review of the past few weeks’ distractions.

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Previous Close $108.38
Market Cap 2,687.66B
PE Ratio 23.61
EPS 4.6205
Volume (Avg. Vol.) 221.31M
Day's Range $106.47 - $110.20
52-Week Range $75.58 - $153.12
Dividend & Yield $0.04 (0.04%)

Nvidia is best known these days for its role in the artificial intelligence (AI) boom, courtesy of its graphics processing units (GPUs). These chips, which help render computer visuals, initially made Nvidia popular with video game fans in 1999. However, GPUs are the computer chips best capable of processing large quantities of data and completing behind-the-scenes computations. In recent years, this made Nvidia first a key player in crypto mining and now in generative artificial intelligence. CEO Jensen Huang has teased that there’s much more to come with AI, including Nvidia’s new Blackwell chip at the end of 2024.